New Trades are up-

Make sure to check the last sheet, for about the last week, there are still excellent shorts there.

I've added some Ultra and 3X ETFs, I think everything looks good here and now on all of them-they are all longs and we buy at market on the open and use strict risk management/position sizing-Read the 2% rule.

Charts:

The S&P-500 is still a long way off from doing any technically significant damage-it would have to break above the red trend line and I don't think so.

Same with the Dow 30

However, the Q's are very close to changing their sub-intermediate trend, this week will be interesting. My feelings are the probabilities are they will run the stops intraday and close below on weakness.

The 5 minute 3C has done a good job tracking the turns in the Q's and it's not looking good right now for the bulls.

Here a longer 10 min 3C on the sPY shows a little of the same, but more neutral-I think because it was a long weekend and the Greek situation (see Trade-Guild.net) could have gone either way.

And here's a 10 min on the Q's and it is ambiguous at best-it seems to be leaning toward confirmation with recent weakness. The longer term 3C charts are all over the place, this is why I think it was the Greek debacle over the weekend.